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IRB InvIT Fund raises Rs 2,100 crore from anchor investors

IRB InvIT Fund has raised around Rs 2,100 crore from anchor investors ahead of its initial public offering.

According to a statement, the InvIT Fund which is sponsored by engineering company IRB Infrastructure Developers, has allotted 20.53 crore units on an average of Rs 102 to 28 anchor investors for a sum of Rs 2,094.50 criteria.

Among the anchor investors, there are Government of Singapore, Deutsche Global Infrastructure Fund, Birla Sunlife Mutual Fund and HDFC Standard Life Insurance Company.

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